BMW Contract Hire

iratnl · 06-20-2015, 05:56 AM

Anyone on here used BMW Contract Hire through a Ltd Company ?

I'm wondering how this will affect my personal tax situation (I am contracting with my own VAT registered Ltd Company)

Is there a max annual mileage allowed ?

Beancounter_74 · 06-20-2015, 05:59 AM

Most, if not all contract hire agreements (be they personal or business) will have a mileage limit.
It's one of the major inputs in determining the monthlies.

06-20-2015, 05:56 AM	#1
iratnl New Member 3 Rep 22 Posts Drives: M3 Join Date: Jul 2014 Location: United Kingdom iTrader: (0)	BMW Contract Hire Anyone on here used BMW Contract Hire through a Ltd Company ? I'm wondering how this will affect my personal tax situation (I am contracting with my own VAT registered Ltd Company) Is there a max annual mileage allowed ?
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06-20-2015, 05:59 AM	#2
Beancounter_74 Colonel 602 Rep 2,246 Posts Drives: M140i F20, 449i F33 Join Date: Sep 2013 Location: Essex iTrader: (0)	Most, if not all contract hire agreements (be they personal or business) will have a mileage limit. It's one of the major inputs in determining the monthlies.
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